G20 seeks crackdown on tax havens, terror financing
The G20 countries, including India, have sought a crackdown on tax heavens, shell companies and terror financing by increasing financial transparency and sharing of key information in a timely manner. A communique in this regard was issued by G20 countries, yesterday after meeting of its Finance Ministers and Governors of Central Banks at Washington on the sidelines of the annual Spring Meeting of the International Monetary Fund and the World Bank. Finance Minister Arun Jaitley and the Reserve Bank Governor Raghuram Rajan attended the meeting on behalf of India.
In the communique, the G20 Finance Ministers reiterated that it is essential that all countries and jurisdictions fully implement the Financial Action Task Force (FATF) standards on transparency.
Seeking a crackdown on terror financing, the Finance Ministers called on all countries to join its efforts including through swift and effective implementation of FATF standards.
The communique also called on all countries, which have not committed to implement the standard on automatic exchange of information by 2017 or 2018 to do so without delay and to sign the Multilateral Convention.
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European Parliament criticises worsening minority situation in Pakistan
European Parliament criticizes worsening minority situation in Pakistan
European Parliament, in its plenary session held on 14 April 2016, took Pakistan to task for the country’s abysmal human rights record with regard to treatment of the Christians and other minority communities. The debate in the plenary session took place in the context of the recent attacks on the Christian community in Lahore on Easter day in 2016 that resulted in the killings of more than 70 individuals, including 30 children.
The MEPs criticised the dismal record of Pakistan in terms of minority protection, and viewed the Lahore attacks in the backdrop of innumerable previous instances of attacks on minorities in the country. Josef Weidenholzer commented that this was not the first time that Pakistan was being discussed in European Parliament in the context of state of minorities in the country. Cristian Dan Preda remarked that the Lahore attacks showed lack of tolerance when it comes to granting minorities a minimal freedom of speech in Pakistan. The MEPs also called for the removal of the controversial blasphemy laws in Pakistan and called for the release of Asia Bibi. Michaela Šojdrová said that Asia Bibi faced persecution for professing her right to free faith.
The MEPs called upon the European Union to ensure the protection of human rights of the minorities and other vulnerable groups in Pakistan. Alberto Cirio stated that EU must defend human rights in Pakistan, and as part of this must also show its concern towards the struggles of the people of Baluchistan and urged the International Government to pressure Pakistan to stop supporting terrorism. Marie Christine Vergiat also stated that the Pakistan government supported terror groups, and called upon the EU to exert pressure on Pakistan by using the GSP agreements.
The MEPs came down heavily on the Pakistani government for failing to provide adequate security to minorities in the country, and for the constant attacks on minorities time and again. Dan Belder stated that the discourse of hate in Pakistani schoolbook against minorities must be removed immediately. Islamic schools mushroom hated against Minorities, so the EU must monitor aid to Pakistani education system. Belder further said that government of Pakistan had failed to provide adequate security to minorities. Charles Tannock categorically stated: “We have debated religious extremism in Pakistan for some time now and I do hope there is now a will in this country for some change.”
US SENDS WARPLANES, TROOPS TO SOUTH CHINA SEA
Apr 16
US Secretary of Defense Ashton Carter announced that the US military is dispatching warplanes and troops to the South China Sea as tensions with Beijing over the contested Spratly and Paracel Islands simmer. The Secretary of Defense, who visited a new US aircraft carrier in the South China Sea yesterday, also said that US and Philippine troops will be conducting joint naval patrols and joint air patrols to deter Chinese expansionism in the region. The Paracel and Spratly island chains, contested by China and several of its South China Sea neighbors, have been a major area of contention in recent years.
China, under the UN Convention of the Law of the Sea, has the most direct claim to the territories, and has taken steps in recent months to cement those claims by establishing civilian air travel to the islands and setting up military air hangars.
China, under the UN Convention of the Law of the Sea, has the most direct claim to the territories, and has taken steps in recent months to cement those claims by establishing civilian air travel to the islands and setting up military air hangars.
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There’s still time to commit to vote for Hillary
Dilip kumar admitted in Lilavati hospital in Mumbai
Dilip kumar admitted in Lilavati hospital in Mumbai
Veteran actor Dilip Kumar was admitted to a suburban Lilavati hospital in Mumbai last night. Suffering from chest congestion, he has been shifted out of ICU and his condition is stable. 92 year old legendary actor was earlier admitted to Lilavati hospital earlier due to chest infection
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